HomeMy WebLinkAboutCC RESO 10,797RESOLUTION NO. 10,797
A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT
BETWEEN THE CITY OF NATIONAL CITY AND RAY HOLDER
BE IT RESOLVED by the City Council of the City
of National City the City Manager is hereby authorized
to execute an agreement between the City of National City
and Ray Holder, in conjunction with freeway off -ramp con-
struction.
PASSED AND ADOPTED this 5th day of September, 1972.
ATTEST:
N.C. Res. 10,797
AGREEMENT
This AGREEMENT is hereby made and entered into this ,/.L day
, 1972 by and between the City of National City,
a munidipal corporation herein called "CITY" and Ray Holder, herein
called "SELLER".
RECITALS
Whereas, CITY desires that an off -ramp be constructed by others from
Interstate Route 5 northbound to Plaza Boulevard, adjacent to SELLER's
property, and
Whereas, CITY requires Access Rights along Plaza Boulevard as illustra-
ted on Exhibit "A" dated June 5, 1972, attached and by this reference
made a part of this AGREEMENT, and
Whereas, SELLER is agreeable to relinquish said Access Rights to CITY,
Now therefore, in consideration of the RECITALS and the mutual obliga-
tions of the parties herein expressed, CITY and SELLER agree as follows:
1. SELLER agrees to relinquish any and all Access Rights along and to
Plaza Boulevard within the limits of SELLER"s property as illustrated
on Exhibit "A".
2. CITY shall, (a) upon award by others of the Plaza Boulevard Off -ramp
construction contract to a successful bidder, pay to SELLER the amount
of $500.00 and (b) cause the construction of a driveway to SELLER's pro-
perty from Coolidge Avenue to SELLER'S present driveway on Plaza Boulevard.
3. SELLER agrees that items (a) and (b) provided for in paragraph 2 above,
shall constitute the entire compensation for relinquishing Access Rights
• to CITY as illustrated on Exhibit "A".
4. CITY shall, upon completion of work on the Plaza Boulevard Off -ramp
initiate street vacation procedures on the excess portions of Plaza Boule-
vard adjacent to SELLER's property.
In Witness Whereoff, the parties hereto have caused this AGREEMENT to
be executed, the provisions of which are effective as of the day, month
and year first hereinabove written.
SELLER
�i.
aayHo der
WITNESS:
Date:
CITY OF NATIONAL CITY
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